SF3336

Purpose of the Bill

The bill aims to incentivize recycling, composting, and the reuse of materials by granting tax rebates to facilities that extract these materials from waste.

Main Provisions

• Definitions: The bill defines key terms such as compostable materials, recyclable materials, resource recovery facility, and waste-to-energy facility.
• Reporting Requirements: By February 1 each year, facilities that manage waste must report the amount of recyclable and compostable materials they separated from waste. This includes materials segregated for recycling, reuse, and composting, as well as materials recovered from combustor ash.
• Rebate Calculation: The bill outlines that facilities will receive a rebate based on the separated material. The rebate is calculated by multiplying the tons of materials by specific rates (30% for the first group of separated materials and 20% for the second group).

Significant Changes to Existing Law

• This bill proposes a new provision within Minnesota Statutes chapter 297H, establishing a tax rebate for waste management facilities to encourage the recycling and reuse of materials.
• The bill requires annual reporting and specifies that appropriations will be made from existing tax revenues to fund these rebates.

Relevant Terms

solid waste management, recycling, composting, reuse, resource recovery facility, waste-to-energy facility, combustor ash, tax rebate, appropriations.